By a News Reporter-Staff News Editor at Journal of Technology -- Clinicient Inc., a leader in outpatient rehabilitation business solutions, announced its expansion to meet the surging revenue cycle management needs of therapy practices across the country. Only months after receiving $15 million in Series C funding from growth equity firm Catalyst Investors, Clinicient recruited top executive talent and celebrated the opening of its state of the art headquarters in downtown Portland. This expansion further extends Clinicient's revenue cycle management expertise to therapy practices struggling to increase revenue, decrease operational costs and minimize time to collect in a reformed healthcare environment.
Portland's economy will directly benefit from Clinicient's growth as an employer of choice in the vibrant health information technology (IT) industry. Analysts say the health IT market value will swell to $56.7 billion by 2017 due to the rising demand for healthcare specific data technology and business solutions.[i] This need is deeply felt by outpatient therapy practices facing increasingly complex payer regulations and low reimbursement rates. Clinicient's data driven coaching staff uses highly tailored, cloud-based revenue cycle technology to help therapists earn more revenue, work more efficiently, shorten payment cycles and develop stronger relationships with their patients.
"Recognized as one of the fastest growing cities in America, Portland's creative and entrepreneurial economy is the perfect environment for healthcare innovation," said Rick Jung, CEO at Clinicient. "As Clinicient continues on its growth trajectory, we are proud to attract such high caliber executives as Michael Northover, Christine Dorrance, Sandy Pennington, Doug Schumann, and Janet Lanham. World-class leadership is the key ingredient to becoming a Top 100 Oregon employer."
Keywords for this news article include: Therapy, Technology, Clinicient Inc..
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